As a Swede I would just like to point out that the popping is mostly the swedish currency against the dollar, reenforced this week by an increase in the central bank rate and a somewhat moore hawkish central bank outlook. The stock market in local currency has been rangebound for a few months and is down for the year, and so far not looking to good, with a lower low and a lower high in place. Not sure if you think that matters for the analysis though.
Indeud.
Indeud.
Rates right up with the wine ladies!
Pretty much—even better though.
As a Swede I would just like to point out that the popping is mostly the swedish currency against the dollar, reenforced this week by an increase in the central bank rate and a somewhat moore hawkish central bank outlook. The stock market in local currency has been rangebound for a few months and is down for the year, and so far not looking to good, with a lower low and a lower high in place. Not sure if you think that matters for the analysis though.
Interesting, thanks. Only price pays as far as stocks, but I see your points.
I know Sweden is big into sailing, but this post makes me want to motorboat.
LoL
Nice work as USUAL on the charts! Not an etf guy but the girl convinced me to take a look closer at the charts. Go Sweden!
Thanks, Gman!